Farmer Terry Davidson walks through his soy fields July 6, 2018, in Harvard, Illinois.
Farmer Terry Davidson walks through his soy fields July 6, 2018, in Harvard, Illinois. - 
Listen To The Story
Marketplace

The Trump administration announced details today of a $12 billion aid package for farmers hurt by the trade war. Retaliatory tariffs imposed by China and other countries have hit soybean producers especially hard, with prices falling about $2 a bushel this summer. The aid package includes help for soybean, wheat and corn farmers, and dairy and pork producers. The aid package includes cash payments for farmers, government food purchases and stepped-up marketing overseas.

Click the audio player above to hear the full story. 

“I think the best compliment I can give is not to say how much your programs have taught me (a ton), but how much Marketplace has motivated me to go out and teach myself.” – Michael in Arlington, VA

As a nonprofit news organization, what matters to us is the same thing that matters to you: being a source for trustworthy, independent news that makes people smarter about business and the economy. So if Marketplace has helped you understand the economy better, make more informed financial decisions or just encouraged you to think differently, we’re asking you to give a little something back.

Become a Marketplace Investor today – in whatever amount is right for you – and keep public service journalism strong. We’re grateful for your support.

Follow Amy Scott at @amyreports